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For FY17, $AIT expects gross profit percentage to continue above 28% and to improve by 20-40 BP throughout the year. Prudent cost controls over SD&A will continue and $AIT expects SD&A to remain relatively flat YoverY. Cash provided from operating activities is expected to be in the same range as FY16, with CapEx is expected to be between $15-18MM.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.